Fed Reveals New Rules for How US Banks Can Interact With Stablecoins and Crypto Assets
August 10 2023 - 11:55AM
The Daily Hodl
The U.S. Federal Reserve says its state member banks need to ask
for permission before interacting with stablecoins. The Fed
published a regulation letter on Wednesday outlining its new rules
on “tokens denominated in national currencies and issued using
distributed ledger technology,” otherwise known as stablecoins. “A
state member bank seeking to engage in activities […]
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Fed Reveals New Rules for How US Banks Can Interact With
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Fed Reveals New Rules for How US Banks Can Interact
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